SUR
 SUR                                                                             
SUR - Spur Corporation Limited - Trading Statement                              
Spur Corporation Limited                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/000828/06)                                            
Share code: SUR                                                                 
ISIN: ZAE000022653                                                              
("Spur Corporation" or "the company")                                           
TRADING STATEMENT                                                               
Shareholders are advised that Spur Corporation`s earnings and earnings per      
share, and headline earnings and headline earnings per share, for the year ended
30 June 2007 are expected to be between 34% and 44% higher than those for the   
year ended 30 June 2006.                                                        
Income for the current year has benefited from a tax credit of R16.6 million.   
This equates to 28.5% of earnings and headline earnings for the year ended 30   
June 2006.  The tax credit results from the recognition of a deferred tax asset 
in respect of cumulative tax losses and future tax deductions of intangible     
assets in the company`s international operations.                               
Agreement was reached with tax authorities during the current year, which has   
provided the necessary certainty required to recognise this deferred tax asset. 
The company`s results for the year ended 30 June 2007, on which this trading    
statement is based, have not been reviewed and/or reported on by the company`s  
auditors. The year end results will be announced on SENS on 6 September 2007.   
Cape Town                                                                       
17 August 2007                                                                  
Sponsor                                                                         
Sasfin Capital                                                                  
A division of Sasfin Bank Limited                                               
Date: 17/08/2007 16:08:00 Produced by the JSE SENS Department.                  
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